Shrewsbury, MA NAI Glickman Kovago & Jacobs completed the sale of 701 & 713 Boston Turnpike. Michael Jacobs, principal and Jeff Borus, vice president assisted both the buyer, Boch Shrewsbury – Worcester, LLC, and the seller, Lilly Attell Realty Trust and Tim and Eileen Samara, in the transaction. Purchase price was $8.35 million.
In addition, NAI Glickman Kovago & Jacobs facilitated the sale of the four buildings at 256, 258, 262 Boston Turnpike and 5 Stanley Rd. The 30,000 s/f rectangular lot with four buildings and frontage on Rte. 9 was sold by the Frank Rossetti Trust for $950,000 to Colton Land, LLC of Worcester. Jacobs represented the seller.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and